THE UNIVERSITY OF EXETER 
BEA1012: Introduction to Statistics for Accountants 
Final Examination Guide and Notes 2024 
 
Part A: Topic Summary and Exam Tips 
Part B: Exam Practice Questions and Answers 
Part C: Sample Final Examination Paper 
Part D: Suggested Solutions to Final Exam Paper 
 
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University of Exeter

University of Exeter - BEA1012: Introduction to Statistics for Accountants

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ACADEMIC YEAR 2023 - 2024

University	University of Exeter
Module Code	BEA1012
Module Name	Introduction to Statistics for Accountants
Study Level	Undergraduate
Notes Title	Final Examination Guide and Notes
Page Length	61

This guide allows you to understand how the BEA1012: Introduction to Statistics for Accountants, University of Exeter - Final Examination 2024 will be assessed, structured and the likely style and range of questions that would be asked. This self-study set has been thoroughly updated to cover all the topics contained in the latest edition of the exam. You do not need to be an expert in the module, you just need a basic understanding and be able to quickly recall the information that you learn. You can use these notes as a reference, to understand the topics better and improve your grades in the final exam.

This module, Introduction to Statistics for Accountants (BEA1012) - aims to provide students with an understanding of the role of statistical methodologies in accounting and finance through both theory and practice.

Main topics to be covered:

Defining data and related vocabulary
Organising and visualising data using tables and charts
Describing data using numerical summaries
Basic probability: simple, joint and marginal probabilities; conditional probability
Discrete probability distributions: binomial and Poisson
Continuous probability distributions: normal and uniform, and approximations to the binomial and Poisson distributions
Sampling and sampling distributions
Point and interval estimation of single population means and proportions using the normal and t-distributions; estimating sample size
One-sample hypothesis testing: single mean and proportion
Two-sample hypothesis testing: difference between two means and proportions
Chi-square and nonparametric tests
Linear regression

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University of Exeter - BEA1012: Introduction to Statistics for Accountants

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